Question

(4) An article bought for Rs800 and sold for Rs915. What is the profit​

Answer 1

Given:

We have Cost price of an article=800, selling price=915.

To Find:

We have find the profit?

Step-by-step explanation:

• Since, we have Cost price=Rs. 800

        Selling price=Rs. 915

• Profit is calculated as

• Profit = selling price- cost price

                 = 915-800

                 =115

Hence, profit is of Rs, 115

Answer 2

Gain = ₹ 115

❖ Explanation -:

$\large{\underbrace{\mathfrak{\red{Given}}}}$

• Cost price of the article = ₹800
• Selling price of the article = ₹915

$\large{\underbrace{\mathfrak{\red{To \: Find}}}}$

• Profit

$\large{\underbrace{\mathfrak{\red{Solution}}}}$

Since, Selling price > Cost price, it's a gain

$\large \star \: \large\rm \red{Gain = Selling \: price - Cost \: price</p><p>}$

Gain = 915 - 800

= 115

Gain = ₹ 115

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$\large \underline{\boxed{ \rm{Additional \: Information}}}$

$\star \: \small\rm{Loss \: =Cost \: price - Selling \: price }$

$\star \: \small \rm{Gain\% = \frac{Gain}{Cp} \times 100 }$

$\star \: \small \rm{Loss\% = \frac{Loss}{Cp} \times 100}$